RE: Collapsing economies turning to Bitcoin for stability

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Collapsing economies turning to Bitcoin for stability

in cryptocurrency •  6 years ago 

hi @xsid

Amazing piece of work. Indeed Venezuela is an great example.

This trend - a collapse in centralized, regulated economic structures - will continue to spread throughout the world.

I wouldnt be 100% sure about it. There will be always winners and loosers. Cannot assume that all countries will be on losing end.

What pushed you to create post about that issue?

Cheers
Piotr

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Hi again @xsid

Let me suggest something that may help your readers a lot. You should justify your posts.

The difference will be huge. Just like on picture below:
justify.png

You can find it explained quite well here:
https://steemit.com/html/@dyrits/steem-it-1-how-to-justify-your-text

Post is already a bit to old to upvote :(
Till the next time :)

Yours, Piotr

Thanks, @crypto.piotr. I'll try it.

It was an article about Italy and the European Union boosting Bitcoin buying that got me thinking about it.

I do feel that it could be a spreading effect - as more and more countries struggle to manage out of control debt it is highly likely that a global currency like Bitcoin will offer shelter from fiat hyper-inflation in more and more places. It is these crisis situations that will push cryptocurrency to new heights in value, in my opinion.